Development Update - Oct 1, 2014

stonehedge

stonehedge

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I agree.

eduffield Is this a feature that would improve hash distribution? This is not a suggestion that "setgenerate true x" will mine many (if any) coins, but a voluntary way that people can contribute with the small chance they will get a nice 4.8DRK surprise.

From the testing i have done, it is actually based on the number of cores used, more on how much CPU is used. On my CPU, setting it to use 1 actually spreads a load of about 14% across all 8 cores.

Any other devs have a view on this?
 
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MangledBlue

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moli said:
Man... Now you're turning into a miner... You ain't going anywhere.... lol...
Click to expand...
I use to mine DRK faithfully until I could no longer pay the electric bill - lol
I got 2 rigs with a total of 8 270x :-D

edit: I never sell my DRKs
 
g8F98FF3gjafogj4

g8F98FF3gjafogj4

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georgem said:
Also mining gives everybody the possibility to get to some DRK without the need to go thru an exchange or thru some smug MN holder who thinks he is now supposed to be the sole source of DRK.
Click to expand...
This is a currency. It is to be used as a currency. The users of this currency will use it as... wait for it... a currency. They want an anonymous and instant transaction. Altcoins are done attracting new miners, and even old miners are selling their rigs. This coin will find adoption by being the most useful currency, not because people want to build rigs to generate it. On the flip side, building those rigs is providing a service that is technically not even needed by DRK in particular, from a point of view it is not even bringing usefulness to the coin if the network would be in even better hands were MNs generating blocks. If the masternode network can complete the task better, is masternode owners receiving a better profit a reason to shut down the idea? Tell me why we need miners.
 
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georgem

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g8F98FF3gjafogj4 said:
This is a currency. It is to be used as a currency. The users of this currency will use it as... wait for it... a currency. They want an anonymous and instant transaction. Altcoins are done attracting new miners, and even old miners are selling their rigs. This coin will find adoption by being the most useful currency, not because people want to build rigs to generate it. On the flip side, building those rigs is providing a service that is technically not even needed by DRK in particular, from a point of view it is not even bringing usefulness to the coin if the network would be in even better hands were MNs generating blocks. If the masternode network can complete the task better, is masternode owners receiving a better profit a reason to shut down the idea? Tell me why we need miners.
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We need mining possibility as an open door for new people to easily enter the coin creation business.
You just want to force them to go thru you MN holder, and buy the DRK at basically any price you wish to sell.
This is the definition of centralization and monopoly.

I see what you are trying to do, please be warned that you will cry like your avatar pic if you let your greed get in the way of letting NEW PEOPLE easily enter the darkcoin business.
 
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georgem

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Come on, this is basic psychology.

Nobody wants to make rich people even more richer.

Everybody wants to be able to participate in a system that is beneficial to everybody involved and that treats the weakest among us the same way it treats the strongest.

Don't create a gated community and expect large masses to join.
 
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moli

moli

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georgem said:
Come on, this is basic psychology.

Nobody wants to make rich people even more richer.

Everybody wants to be able to participate in a system that is beneficial to everybody involved and that treats the weakest among us the same way it treats the strongest.

Don't create a gated community and expect large masses to join.
Click to expand...
The day masternode owners kill miners will be the day masternode owners also kill Darkcoin. So these people need to think through before they try to convince Evan to do this. I don't believe Evan would, since he worked in the finance industry and has economics background, I'm sure he knows better than listening to this kind of talk.
 
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georgem

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moli said:
Evan seems to indicate MN also depends on miners.. I'm not sure, but I don't believe Evan has any intention to get rid of miners at all, it's only an imagination of someone with too much alcohol, or something.
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I agree, evan has never disappointed me, and I know he is from the austrian school of economics, so individualism as in "everybody can join/mine" is very important to him.
Accessibility is key.
 
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g8F98FF3gjafogj4

g8F98FF3gjafogj4

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georgem said:
Accessibility is key.
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Accessibility is an exchange away. And if the motions of the winds have anything to do with, soon it will be a decentralized exchange away. Buy your coins, anonymize... poof. You guys need to state what miners bring to the coin when the same task can easily be completed in a potentially more secure way. Why are you not explaining why we need miners? Other than upsetting miners. If the miners are upset, and we no longer need them it seems like a nice and balanced situation.
 
stonehedge

stonehedge

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georgem said:
What did he propose again?
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Already hidden inside out QT wallets is an old remnant from the early days of Bitcoin and Litecoin (given that Darkcoin is a fork from Litecoin).

With the simple console command "setgenerate true n" a wallet can solo CPU mine at a rate set by the value n.

https://darkcointalk.org/threads/development-update-oct-1-2014.2561/page-9#post-23533

Fast CPUs will contribute a little. Slow CPUs even less...but multiply that by thousands.

MangledBlue has even generated some blocks doing it and it even pays masternodes!
 
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stonehedge

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To be clear...it is very unlikely to earn you any coins. You'd have to be real lucky. It just seems like madness not to give walllet users the option.
 
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MangledBlue

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stonehedge said:
Already hidden inside out QT wallets is an old remnant from the early days of Bitcoin and Litecoin (given that Darkcoin is a fork from Litecoin).

With the simple console command "setgenerate true n" a wallet can solo CPU mine at a rate set by the value n.

https://darkcointalk.org/threads/development-update-oct-1-2014.2561/page-9#post-23533

Fast CPUs will contribute a little. Slow CPUs even less...but multiply that by thousands.

MangledBlue has even generated some blocks doing it and it even pays masternodes!
Click to expand...

LOL - It totally pays MN's
 
stonehedge

stonehedge

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Prove it! :cool:

Seriously...doesnt this simple "opt in" improve hash distribution?
 
stonehedge

stonehedge

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Because that block was paid on 12th July.

No, any CPU can do it.

The focus should not be on earning coins. CPU mining does very occasionally pay (I believe that it took two weeks for that payment to happen) but the focus shouldn't be on making money but sparing a little CPU time for network health if you want to. If you get a few coins once or twice a year then thats great!
 
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MangledBlue

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moli said:
How come the date is July 12? And how do you do this? Does your computer have to have 64-bit?
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Go into the console and input:

for all cores
setgenerate true -1
for less cores
setgenerate true 1 (or whatever)

edit: then you can input: getmininginfo
for mining info :-D
 
stonehedge

stonehedge

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For reference -1 will use 100% of your spare CPU load.

When I run it with 1 or 2 it uses about 14% to 25% CPU load on my PC. Will obviously vary according to your PC or Mac
 
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moli

moli

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stonehedge said:
Because that block was paid on 12th July.

No, any CPU can do it.

The focus should not be on earning coins. CPU mining does very occasionally pay (I believe that it took two weeks for that payment to happen) but the focus shouldn't be on making money but sparing a little CPU time for network health if you want to. If you get a few coins once or twice a year then thats great!
Click to expand...
Ah.. cool. Thanks. I guess I can try.
 
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moli

moli

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MangledBlue said:
Go into the console and input:

for all cores
setgenerate true -1
for less cores
setgenerate true 1 (or whatever)

edit: then you can input: getmininginfo
for mining info :-D
Click to expand...
I'm having my wallet on Testnet right now and I don't have a Masternode. Does it only work if you have a masternode. and do i use the same code on testnet?
 
stonehedge

stonehedge

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Don't expect DRK wealth ;)

It took MangledBlue about two weeks ( and that was real lucky!) to get paid that block in July. The point here is that if everybody spared a bit of CPU time for solo mining (especially seeing that the functionality is already built in!) then we would see greater distribution of mining resources.

Imagine one day if there are 250,000 wallets out there mining at 50kHps. Distribution can only be a good thing. At the moment, the most centralised thing about Darkcoin is the mining pools.
 
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MangledBlue

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moli said:
I'm having my wallet on Testnet right now and I don't have a Masternode. Does it only work if you have a masternode. and do i use the same code on testnet?
Click to expand...
You can run it with or without MN
You can run it on testnet and/or mainnet
 
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stonehedge

stonehedge

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moli said:
I'm having my wallet on Testnet right now and I don't have a Masternode. Does it only work if you have a masternode. and do i use the same code on testnet?
Click to expand...

This code and funcationality has been in the wallet since day one of Darkcoin. Its a remnant from when BTC and LTC difficulty was very low. It actually pre-exists Darkcoin itself.
 
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MangledBlue

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Gotta crash guys/gals
Work tomorrow/today
-nearly 3 am
I hate my job - ugh - lol
 
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